US online personal styling service Stitch Fix reported another strong quarter on Monday with net revenue up 25 percent to $295.9 million, as the number of active clients climbed to 2.5 million, and new products excelled.
The Delta Apparel-owned direct-to-garment printing company has acquired all the assets of TeeShirt Ink Inc., which operates under the name of DTG2Go. The deal sets the combined business up as a clear market leader.
Britons throw away £12.5 billion worth of clothing every year, much of it simply sitting in landfill sites, according to new research. And behind that is a story of how modern fast fashion creates a throwaway culture.